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	<title>News and Views for the California Enterprise Zones &#187; voting</title>
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	<description>From the tax credit experts</description>
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		<title>Two-Thirds Majority Requirement Comes Under Fire</title>
		<link>http://canditax.com/blog/?p=409</link>
		<comments>http://canditax.com/blog/?p=409#comments</comments>
		<pubDate>Mon, 27 Jul 2009 11:38:59 +0000</pubDate>
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				<category><![CDATA[Tax News]]></category>
		<category><![CDATA[lawsuit]]></category>
		<category><![CDATA[legislature]]></category>
		<category><![CDATA[two-thirds]]></category>
		<category><![CDATA[voting]]></category>

		<guid isPermaLink="false">http://blog.canditax.com/?p=409</guid>
		<description><![CDATA[The law firm Skin Gump Strauss Hauer &#038; Feld LLP on behalf of Charles Young have filed suit challenging the two-thirds vote on tax issue currently being debated in California.  In 1978, Proposition 13 was voted on by the public and passed, cutting property taxes and requiring a two-thirds majority in thelegislature to raise taxes - it is this proposition that is currently being discussed.]]></description>
			<content:encoded><![CDATA[<p>The law firm Skin Gump Strauss Hauer &amp; Feld LLP on behalf of Charles Young have filed suit challenging the two-thirds vote on tax issue currently being debated in California.  In 1978, Proposition 13 was voted on by the public and passed, cutting property taxes and requiring a two-thirds majority in the legislature to raise taxes &#8211; it is this proposition that is currently being discussed.</p>
<p>With approximately $1 billion dollar tax shortfall, the majority of local representatives are pushing for increased taxation, however with the current makeup of the legislature, a two-thirds majority looks to be doubtful.</p>
<p>Despite the fact that several republican represantatives have gone against party lines and voted for increased taxes, the majority of conservatives, including Governor Schwarzenegger suggest that state spending cuts and not increased taxation, is the key to stabilizing California&#8217;s economy.</p>
<div class="tradevibes_linkdiv"><a class="tradevibes_show_widget" href="http://www.tradevibes.com/company/profile/c-i-tax">C &amp; I Tax</a></div>
<p><script src="http://widget.tradevibes.com/widget/c-i-tax" type="text/javascript"></script></p>
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